Four more companies of Patanjali Group will be listed on stock exchange, turnover may be Rs 1 lakh crore in 5 years

0
patanjali-ipo

New Delhi: Yoga guru Baba Ramdev has announced that four more companies of Patanjali Group will be listed on the stock exchange. Baba Ramdev’s company Patanjali Foods is the only listed company in the stock market to give multi-bagger returns in the last few months. But now Baba Ramdev’s plan is to list 5 companies in the group. Baba Ramdev said on 16 September that the revenue of Patanjali has increased to Rs 10,664.46 crore in the fiscal year 2022.

Whereas a year ago it was Rs 9,810.74 crore. However, the company’s net profit stood at Rs 740.38 crore in the fiscal year 2022 with a marginal decline. He told that a year ago it was Rs 745.03 crore. Patanjali Group plans to list 5 companies in the stock market in the next 5 years.

patanjali-ipo

Patanjali to invest Rs 1000 crore in Uttarakhand
Baba Ramdev’s trust had claimed on September 14 that Patanjali Yogpeeth would invest Rs 1000 crore in Uttarakhand to improve public health and culture in the state.

Turnover will be Rs 1 lakh crore in the next 5 years
Baba Ramdev told that the process of listing these companies has started. Baba Ramdev told that the turnover of Patanjali can reach Rs 1 lakh crore in the next 5 years. At present, the turnover of Patanjali Group is Rs 40,000 crore.

Advertisement